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SUIUSDT trade ideas

SUI Update (1 Minute Read)SUIUSDT stopped to rest on the weekly timeframe, this is not good. In March we saw the same and what followed was a strong correction. ➖ First there was a TOP. The start of the bearish impulse produced two red candles. One week was of rest and then a bearish continuation happened. ➖ Right now the same price pattern is repeating. We have a top, the start of a bearish impulse with two red candles and last week closed green (rest). What comes next is very likely a bearish continuation. Thank you for reading. Namaste.
Short
by AlanSantana
3
$SUIUSDT : Ready for a Comeback Breakout!BINANCE:SUIUSDT is attempting to break out from resistance after a recent false breakout and subsequent retracement. With layer 1 blockchains gaining momentum, there’s potential for a significant upward move. Traders should keep an eye on key resistance levels as the price makes this push. It's crucial to manage risk effectively: always use a stop loss and only invest a small portion of your capital in any trade. This approach will help safeguard your investment while positioning you for potential gains. Follow us for more signals! BINANCE:SUIUSDT Currently trading at $2 Buy level: Above $2 Stop loss: Below $1.45 TP1: $3 TP2: $4.5 TP3: $6 TP4: $7 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
2
SUI Short-Term Drop 5X SHORT—276% PotentialWe are looking at the final correction of 2024. This is an assumption but an educated one, it is based on the data (information) coming from the charts. In October, SUI produced a lower high that turned into a double-top and finally a higher high compared to March 2024. The orange line is the resistance line for the top pattern. Below this line ultra-bearish. The bearish potential remains active even above it but below it you can go in full force. Full trade-numbers below: ___ SHORT SUIUSDT Entry levels: 1) $2.25 2) $2.05 3) $1.90 Targets: 1) $1.80 2) $1.69 3) $1.56 4) $1.42 5) $1.28 6) $1.20 7) $1.03 8) $0.97 8) $0.88 Stop-loss: Adjust to your own risk tolerance Potential profits: 376% Capital allocation: 4% ___ Disclaimer: You are a human being and you are special in the sense that you have free will. You are reading this now out of your own volition. You can choose to read or not to read, you can choose to eat or not to eat. Whatever action we take is up to us. I am sharing these numbers for learning and entertainment purposes, I cannot guarantee any results. Market conditions can always change. If something goes bad, this can result in a loss. If the market moves as I see it, this can result in a win, for me... Win or loss for you will depend on what you choose. This is not financial advice. Thanks a lot for your support. Namaste.
Short
by AlanSantana
3
Lingrid | SUIUSDT continues to CONSOLIDATE after SURGEThe price perfectly fulfills my last idea. It hit the target level. BINANCE:SUIUSDT is currently consolidating around the round number of 2.00. It may continue moving sideways, particularly after the recent fake breakout of the all-time high level formed in March. If you zoom out, you can see that the price action is forming a triangle pattern. I believe there is a possibility that the price may retest the 1.50 support level, which would be a healthy pullback that could lead toa new higher highs. Given that the market is moving sideways, I expect it to retest the recent support level from the psychological level at 2.00. My goal is support zone around 1.7450 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
5
SUI Short Positionin the bigger picture price is pulling back after changing structure and currently is in a pullback phase. (that why the 15min is bearish) and we can use this in our favor and take a short position to the higher time frame demand. so the red dots are our current 15-minute range that I marked and the recent dots are our latest range I'm looking to short the price to the liquidities above the marked demand and hopefully, price tag us in and we go lower. (1:2.5RR) extra confluence is the high in our range actually swept all the liquidities in its left and potentially could be respected
Short
by IEatGreenPaper
1
SUI, bound for SUI-PER gains soon, multiple x prospect!SUI has corrected heavily this past few weeks after touching a parabolic high at 2.0 zone. It trimmed down weightily to 0.6 area -- almost x3 from its highs. Now, SUI is hinting of a massive reversal after recent price breakout on its persistent bear channel structure. Expect some significant price recovery from the current zone of 0.80 with a possible re-tap of previous highs at around 2.0 ++. The current price point is an attractive seeding opportunity. This is a major order block where buyers will converge now. SUI visual data diagram is too tidy to be missed. The clues are obvious. Spotted at 0.80 Interim target set at 2.0 TAYOR.
Long
by JSAL
3
SUI Update: Conditions Have Not ChangedSince my last update for you we had a triangular top and the ensuing drop... What about now? Good morning my dear reader, let's look at SUIUSDT again and see what the chart is currently saying. We will cut through the analysis and go straight to what you want to know: Is the retrace over? Will SUIUSDT resume growing now or is it likely we see lower prices next? ➢ Based on the chart. The trading pair remains bearish below the last peak and the triangle baseline. The triangle baseline sits around $2.08, the last high was $2.36. SUI's bearish potential remains active below these levels. ➢ My opinion. Based on the broader market, there is still a major low in the cards before SUI's next bullish wave develops in full force. Just as it took 131 days for SUI to hit bottom after March's peak, it would take a few more days for SUI to hit bottom from its current (October) peak. The time it would take now for the bottom to hit would be much shorter because the recent bullish wave was much smaller. The previous bullish wave lasted 159 days while the current one only lasted 69 days. So the bottom is getting close. Wait for the bottom before going LONG. 👉 We continue bearish on SUIUSDT. Patience is key. Thanks a lot for your continued support. Namaste.
Short
by AlanSantana
6
SUIUSDT Long Setup Setting / Quick tradeBINANCE:SUIUSDT 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage (If there is just one SL on the chart, I suggest, low risk status🙂 👾Note: The setup is active but expect the uncertain phase as well. ➡️Entry Area: Yellow zone: 1.872-2.1035 ⚡️TP: 1.9517 2.02 2.1035 🔴SL: 1.7654 🧐The Alternate scenario: If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
Long
by CrazyS
Simple Analysis of SUI/USDT Movement Based on the ChartSimple Analysis of SUI/USDT Movement Based on the Chart The chart shows that SUI is trading near a strong ascending trendline, which increases the likelihood of an upward bounce from this level. Support and Resistance Levels: Main Support: $1.8041, which serves as a key support area for a potential price rebound. First Target: $2.2240, indicating a potential increase of 70%. Higher Potential Target: $3.0683 if the uptrend continues.
Long
by VIPROSE
Alikze »» SUI | Descending channel - 4H🔍 Technical analysis: Descending channel - 4H - It is moving in a descending channel in the 4-hour time frame. - Currently, the supply area is facing sales pressure. - According to the correction structure in the 4-hour time frame, if there is no ability and stabilization above the number 1.95, the correction will continue until the area of ​​1.56. - The 1.56 range can have short-term targets of 1.66 and 1.75 if it meets demand. - In addition, in case of selling pressure in the range of 1.75, the correction will extend to the green box. 💹 Support zones in the case of extension of the correction log: 1.30 - 1.23 - 1.13 💎Alternative scenario, if it can consolidate above 1.95, could have short-term targets of 2.14 and 2.34. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:SUIUSDT
Short
by alikze
SUI | Sui & Mysten LabThe price of Sui is $1.34 today with a 24hour trading volume of 1 billion dollar, SUI trading on multiple exchanges is live now and the startup has closed its public round recently on KuCoin and OKX Investors who purchased the native token of the Layer 1 blockchain Sui in a public offering last month are seeing large returns now Binance accounts for 63% of Sui's spot trading volume, Bybit 16.6%, OKX 10.6%, and KuCoin 7.3% Sui is a layer one blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing, user-friendly experiences. Mysten Labs, the original contributor to Sui, was founded by by former executives & lead architects of Meta’s Novi Research the team responsible for Diem blockchain and Move programming language: Evan Cheng, Adeniyi Abiodun, Sam Blackshear, George Danezis... Sui listings that came in the evening on a day when the FED's interest rate decision may have put pressure on the price so no fomo it is necessary to wait for the price to accumulate in a certain range and not to act for fear of losing the opportunity
by moonypto
8
SUIUSDT.P / SHORT / M15SUIUSDT may come down from the Bearish Order Block Bearish Order Block: 1.9783 and 1.9591 SUIUSDT could see a decline from the bearish order block zone, where the price is currently situated. This setup has a high probability of ending profitably, based on my Smart Money Concepts (SMC) analysis, which has shown a strong success rate. Let’s watch how the price reacts in this area. SUIUSDT.P / SHORT / M15 LEVERAGE :- 10X Entry price :- 1.9588 Take Profit :- 1.8598 Stop Loss :- 2.0568
Short
by PraveenTrader1
2